SUBORDINATION AGREEMENTSubordination Agreement • February 6th, 2017 • Agritech Worldwide, Inc. • Grain mill products • Illinois
THIS SUBORDINATION AGREEMENT (this “Agreement”) is entered into as of this February 1, 2017, by and among each of the undersigned subordinated lenders listed on the signature pages hereto as “Subordinated Creditors” (collectively, “Subordinated Creditor”), AGRITECH WORLDWIDE, INC., a Nevada corporation, (“Company”), and GKS FUNDING LLC, an Illinois limited liability company, as Agent for all Senior Lenders party to the Senior Credit Agreement described below.
ContractLoan and Security Agreement • February 6th, 2017 • Agritech Worldwide, Inc. • Grain mill products • Illinois
Portions herein identified by [*****] have been omitted pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. A complete copy of this document has been filed separately with the Securities and Exchange Commission.
NOTENote • February 6th, 2017 • Agritech Worldwide, Inc. • Grain mill products
This Note is issued pursuant to that certain Loan and Security Agreement dated as of the date hereof by and among Borrower, the lenders party thereto (“Lenders”), and Agent (including all annexes, exhibits and schedules thereto and as such may have been amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), is a Loan Document thereunder, and is entitled to the benefit and security of the Loan Agreement and all of the other Loan Documents referred to therein. Reference is hereby made to the Loan Agreement for a statement of all of the terms and conditions under which the Loans evidenced hereby are made and are to be repaid. The date and amount of each Loan made by Agent and Lenders to Borrower, the rates of interest applicable thereto, and each payment made on account of the principal thereof shall be recorded by Agent and each Lender on its books; provided that the failure of Agent or such Lender to make any such recordation shall not affect the
